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20121112
20121120
Search Results 0 to 3 of about 4 (some duplicates have been removed)
in the development of state of the art oil spill prevention and response technologies, education research and training. and more than $1 billion will go to the united states coast guard trust fund to be available for clean up and compensation for those affected by oil spills in the gulf and throughout the united states. now as part of its guilty plea b.p. will retain a monitor for four years who will oversee safety and maintenance in regard to drilling in the gulf as well as an independent auditor who will conduct annual reviews to ensure compliance with the terms of this agreement. the company will hire an ethics monitor to improve it's its conduct and foster robust cooperation with the government. now there can be no question that this historic announcement is a critical step forward and under scores the justice determination to stand with gulf coast communities. in february the settlement tote ling $90 million related to the company's clean water act liability for the deep water horizon disaster. and approximately $45 million of this total will go directly to the gulf in the form of pe
with technology, to keep up with equipment, to get the latest, to make sure that there itheir infrastructure is in place to serve the country. >> that's why i like it's a class action lawsuit instead of independent complaints. those happen as we know all the time. but a class action like this will get major media attention, will get us all talking about it, and if they prevail i'm hoping that other utility companies around the country will say, you know, we probably don't want to have the same thing happen to us as what happened on long island, let's make sure we do something right. rick: class action lawsuits play an important role in the legal system. don't they usually result in a big payday for the lawyers and not necessarily for the people who sign onto it? >> it's a two-step process. yes they've got to be certified as a class action. they have to make sure everybody is in the same class. i don't think there is a problem there you have everybody on long island suffering from the same thing. you're right, will the lawyer win 30, 40%, yes, okay, that is not great, but let me explain a cla
Search Results 0 to 3 of about 4 (some duplicates have been removed)